Centre for Cities report reveals uneven recovery

| January 24, 2011 | 0 Comments
”Centre

A new report has revealed the UK’s recovery is a mixed picture with some cities facing a slow recovery from the recession, while others which have proved to be resilient.

The report by Centre for Cities discovered cities including Hull, Doncaster and Northampton were now in recovery mode but Liverpool, Birkenhead, Swansea and Newport could struggle for some time to come.

Those regions that are heavily reliant on public sector jobs will suffer the most, established the report.

However, Milton Keynes, Reading, Aberdeen, Leeds and Bristol are proving to be better protected from the Government spending cuts and have the capacity to create private sector jobs.

Commenting on the report, Centre for Cities chief executive Alexandra Jones said: “Buoyant cities like Leeds and Bristol, which have been fast-growing and have lots of private sector jobs, are best placed to lead the UK’s recovery.

“During 2011, the UK cities most dependent on the public sector, and which have seen slower economic growth over the last decade, will find it more difficult to rebalance towards the private sector.”

The report highlights that these cities will need extra financial support from central Government.

Tags: Centre for Cities, cities, , , , resilient,


Comments (0)

Trackback URL | Comments RSS Feed

There are no comments yet. Why not be the first to speak your mind.

Leave a Reply


Visited 1662 times, 2 so far today